Tue 08/31/2021 14:02 PM
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Relevant Documents:
STB Press Release
STB Decision

Takeaways

  • The Surface Transportation Board announced today a unanimous decision rejecting the use of a voting trust agreement in connection with Canadian National’s proposed acquisition of Kansas City Southern Railway.

  • In its announcement, the STB stated that it “has determined that the proposed voting trust is not consistent with the public interest standard under the Board’s merger regulations.”

  • In its 33-page...
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